logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

SimpleClosure raises $15M in Series A funding led by TTV Capital, with Carta and others participating to enhance its platform for startups needing to shut down.

May 07, 2025•7 months ago

Amount Raised

$15 Million

Round Type

series a

Santa MonicaInformation Technology

Investors

Unnamed Angel InvestorsThe Legal Tech FundVera EquityAnthemisInfinity VenturesCartaTtv Capital

Description

SimpleClosure, described as the 'Turbo Tax of shutting down', has secured $15 million in Series A funding led by TTV Capital. The funding will support its mission to streamline the shutdown process for startups. Carta has joined as a new investor, seeing more value in partnering with SimpleClosure than building related services in-house. SimpleClosure aims to provide essential support for the inevitable shutdown of many startups.

Company Information

Company

SimpleClosure

Location

Santa Monica, California, United States

About

SimpleClosure is a venture-backed startup working on using technology to simplify the complex task of shutting down a business. Tailor-made for startups: bootstrapped and venture-backed companies, we handle all closure-related tasks. We take the process of shutting down from months and years to day and weeks, all while making sure it's done right.

Related People

2 contacts

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech